Menu
Share
Share this story
Close X
 
Switch to Desktop Site

Gold slips to $585 as dollar firms up

Gold fell to $585 an ounce, its lowest price since the wild fluctuations of January, and the dollar was strong Monday on world markets, anticipating anti-inflation moves soon from Washington. The price is falling back toward the which took it to a record $875 in January.

The strength of the dollar came largely from record high interest rates in the United States.

About these ads